Containing China’s Threat to the United States
For years, the political class looked the other way as China manipulated its currency, ran up huge trade surpluses with the United States, stole our defense secrets and the intellectual property of U.S. companies.
What was happening was known to our ruling class. American companies reaped enormous profits by locating facilities in China to exploit cheap labor. They in-turn contributed generously to the campaigns of politicians who let it happen.
In 1986, our trade deficit with China was $6 Billion. In no month since have, we had a trade surplus. Last year it was $679 billion. An all-time high.
Today we pay a price. By some measures, China has already become the world’s largest economy. By all measures, it has the world’s largest Navy. It now occupies international shipping lanes in the South China Sea. It provokes our trading partners and threatens our allies.
It’s hard to believe that someday we’ll just put aside our differences with China and suddenly decide to become friends. China is a surveillance state that locks up minorities in concentration camps. There’s no such thing as free speech. Criticism of the government will get you killed. These same people define and broker how trade is conducted with the United States.
In the face of this threat, we must maintain our military superiority, and rid American soil of Chinese spies who are stealing our technology. In addition, we must form a NATO-like pact with freedom-loving nations which regards a violation of trade rules on one country as an assault on all countries.